iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) Sees Large Volume Increase – Here’s What Happened

Shares of iShares International Small Cap Equity Factor ETF (NYSEARCA:ISCF) saw unusually-high trading volume on Friday . Approximately 115,753 shares changed hands during mid-day trading, an increase of 216% from the previous session’s volume of 36,599 shares.The stock last traded at $43.22 and had previously closed at $43.11.

iShares International Small Cap Equity Factor ETF Stock Performance

The company has a market cap of $557.87 million, a price-to-earnings ratio of 13.31 and a beta of 0.84. The company’s 50 day moving average price is $41.25 and its 200 day moving average price is $40.55.

Institutional Investors Weigh In On iShares International Small Cap Equity Factor ETF

Several hedge funds have recently modified their holdings of the company. Arkadios Wealth Advisors grew its position in shares of iShares International Small Cap Equity Factor ETF by 20.5% in the 2nd quarter. Arkadios Wealth Advisors now owns 10,798 shares of the company’s stock valued at $419,000 after buying an additional 1,836 shares during the last quarter. JPMorgan Chase & Co. lifted its position in iShares International Small Cap Equity Factor ETF by 2,083.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 11,026 shares of the company’s stock valued at $453,000 after acquiring an additional 10,521 shares in the last quarter. Ethos Financial Group LLC acquired a new position in iShares International Small Cap Equity Factor ETF during the 3rd quarter valued at about $883,000. Financial Freedom LLC lifted its holdings in shares of iShares International Small Cap Equity Factor ETF by 12.7% in the second quarter. Financial Freedom LLC now owns 30,477 shares of the company’s stock valued at $1,182,000 after purchasing an additional 3,425 shares in the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in iShares International Small Cap Equity Factor ETF by 42.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 53,049 shares of the company’s stock valued at $2,182,000 after acquiring an additional 15,782 shares in the last quarter.

About iShares International Small Cap Equity Factor ETF

The iShares MSCI Intl Small-Cap Multifactor ETF (ISCF) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of international small-cap firms in developed markets outside the US. Stocks are selected and weighted to increase exposure to four investment factors (quality, value, momentum, and low volatility). ISCF was launched on Apr 28, 2015 and is managed by BlackRock.